News for hackers. Stuff that matters.

A comment on Mozilla Foundation pausing cryptocurrency donations. Parent comment

Re:Mozilla Foundation pausing cryptocurrency donations by oraphalous on Thursday January 06, 2022 @05:17PM (#29831178)
There are significant political and economic tradeoffs between POW and POS... I highly recommend this article for an analysis of these.

https://www.lynalden.com/proof-of-stake/

I suggest this analysis because folks tend to state their preference for POS while only mentioning the energy costs as the only factor in their calculation. I do think it worth considering these other tradeoffs as well.

[ Parent | on HN ]
Re:Mozilla Foundation pausing cryptocurrency donations by doom2 on Thursday January 06, 2022 @08:54PM (#29833733)
Besides the energy costs, what's the answer to PoW miners' effects on the GPU market? Especially as the supply chain is already strained by COVID-related increases in consumer demand. While I'm still concerned by mining energy costs, the optimal equipment needed should be separate from consumer-grade, e.g., how datacenters won't be hoarding Core i9 processors or RTX 3080s.
[ Parent | on HN ]